What is the main topic?

The article discusses Saint-Gobain's operating income meeting expectations amid a challenging European economic environment.

What are Saint-Gobain's future expectations?

Saint-Gobain expects a 2025 operating margin above 11%, slightly higher than its previous forecast.

How did Saint-Gobain perform regionally?

Sales in Southern Europe, the Middle East & Africa fell, while Asia-Pacific saw a slight increase.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Saint-Gobain meets operating income expectations against tough European backdrop

Finance

Saint-Gobain meets operating income expectations against tough European backdrop

Published by Global Banking & Finance Review®

Posted on February 27, 2025

2 min read

Last updated: January 25, 2026

Saint-Gobain meets operating income expectations against tough European backdrop - Finance news and analysis from Global Banking & Finance Review

Saint-Gobain's Income Aligns with Expectations Amid Challenges

By Olivier Cherfan

(Reuters) - French construction materials group Saint-Gobain reported full-year operating income broadly in line with analyst expectations on Thursday against a backdrop of a difficult economic environment in Europe.

The company, which designs, manufactures and distributes materials for the building and industrial market, said its full-year operating income was 5.30 billion euros, while analysts in a company-compiled consensus expected 5.25 billion euros.

Saint-Gobain said it was expecting a 2025 operating margin above 11%, slightly above the 9-11% it was predicting in its 2021-2025 strategic plan.

WHY IT'S IMPORTANT

Investors are closely watching the sector for signs of recovery after a tough year of rising raw material costs, elevated interest rates, geopolitical tension and inflation.

The group will share its new outlook during an investor day on October 6.

KEY QUOTES

"I am confident that 2025 will be another successful year... thanks to a good dynamic in most of our regions, a gradual recovery in Western Europe, and the integration of our recent acquisitions," Chief Executive Benoit Bazin said in a statement.

CONTEXT

Saint Gobain's main competitor, French infrastructure group Vinci, reported full-year revenue slightly above LSEG IBES estimates on February 6.

Swiss construction chemicals maker Sika anticipates strong U.S. growth this year as President Donald Trump’s policies spur manufacturing reshoring, the company said after beating annual profit expectations on Friday.

BY THE NUMBERS

Saint-Gobain reported full-year sales of 46.6 billion euros, in line with expectations, buoyed by acquisitions and improving organic growth, but offset by negative currency effects.

Sales in Southern Europe, the Middle East & Africa fell 7.3% in 2024, the company said, noting that while most countries had likely bottomed out, France outperformed due to strong renovation demand and innovative solutions. Asia-Pacific like-for-like sales rose 0.6%, with a record 12.6% operating margin driven by volume, pricing and cost management.

(Reporting by Olivier Cherfan; Editing by Kirsten Donovan)

Saint-Gobain meets operating income expectations against tough European backdrop

Quick Summary

Saint-Gobain's Income Aligns with Expectations Amid Challenges

Key Takeaways

Frequently Asked Questions about Saint-Gobain meets operating income expectations against tough European backdrop